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Articles in the business planning Category

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[ 13 Oct 2018 | No Comment ]

Owning land and property has long been considered a worthy investment. But while land is largely out of reach for most people and property ownership is an unlikely prospect for younger generations, a whole new world of property and land ownership is occurring in a different reality – Virtual Reality (VR).
It was Second Life that popularised the monetisation of virtual land and other assets. The Second Life economy allowed users to get a job, run businesses and sell and lease property and other assets via the platform’s marketplace and in-game …

business, business mums news, business planning, Headline »

[ 1 Oct 2018 | No Comment ]

Customers’ opinions only improve the development of certain types of products, according to Jan van den Ende, Professor of Management of Technology and Innovation at Rotterdam School of Management, Erasmus University (RSM).
New functions or technology can be improved by customer opinion, but for products designed to suit the identity of the user, it can hinder their market success.
Van den Ende, alongside colleagues Marina Candi and Gerda Gemser, interviewed both the business and leading product managers of 132 recent innovation products to measure customer involvement against revenue and profitability.
Jan says: “Developing …

business, business planning, Headline »

[ 30 Sep 2018 | No Comment ]

As the possibility of a no-deal Brexit deal increases, what would be the impact on our telecoms if it were to happen?   Is it another instance of doom and gloom or are there any upsides?  Dave Millett, director of Telecoms Brokerage company Equinox looks at the four main areas where there may be impacts for businesses and consumers.
In 2017 the EU abolished all the charges previously levied by the mobile operators for roaming calls and data within the EU area.  Should the UK leave the EU on a no-deal basis, …

business planning, Mumpreneur Profiles »

[ 28 Sep 2018 | No Comment ]

When I broke my shoulder in June this year, the reality of running my business and looking after two sons under the age of three, as a single parent, hit hard.  My company, Cause4, was just about to move to new offices, there were training courses and workshops to be delivered nationwide, clients to service, staff to manage and deadlines to meet.  On top of that, my sons and I were moving to a new house in a rural part of Norfolk.  Being told that I couldn’t drive, lift, or …

business, business planning, Headline »

[ 23 Sep 2018 | No Comment ]

By Flora Davidson, Supplycompass
With ethics and sustainability becoming so much more important to consumers, how can you ensure that your fashion brand is genuinely responsible and catering to the needs of both consumers and the planet?

Positioning your brand

Consider how you will interpret sustainability for your brand by thinking what is consistent and in-line with your brand values, brand story and the products you make. It’s impossible to be 100% ethical and sustainable, plus perfection is also not necessarily what consumers are expecting or looking for. But they are looking for …

business, business planning, Headline »

[ 17 Sep 2018 | No Comment ]

Marketing trends and predictions all point to the importance of agile strategies capable of responding to audience behaviour in real-time, and UK businesses agree that staying close to changing customer demands is key to driving growth.
A recent study by Oxford Economics shows UK SMEs are more confident than ever before in 2018 and 41% plan on using their agility, innovation and strong customer relationships to reach ambitious targets. With all this in mind, now is a great time to consider whether your marketing strategy is aligned with your goals according to Instant Offices.

business, business planning, events, Headline »

[ 12 Sep 2018 | No Comment ]

By Karen O’Donnell, Toastmasters International
The classic image of a common vision and purpose is the beauty of geese flying in formation.  In a small business, when we are in a similar supportive environment, a team has the potential to be actively engaged and adopt the business vision and purpose.  This clearly will impact the bottom line.
An interesting question is how many employees are this actively engaged. A recent Harvard Business Review survey of business leaders showed that this is less 25%.  However these actively engaged people are more productive, …

business, business planning, childcare, Headline »

[ 6 Sep 2018 | No Comment ]

By Jonathan Amponsah CTA FCCA. CEO of The Tax Guys
A recent survey revealed that 49% of all nurseries in England do not make profits. Parents, who believe child care costs are too high will be surprised by this. In a recent article by the National Day Nursery Association their chief executive said: “The nurseries closing tend to be small but much-loved and long-established preschools.”

How can nurseries like these improve their finances?
Review Your Business Model.
Knowing your target market and serving them well is a key profit driver so you need to ask …

business, business planning, employment, Headline, work »

[ 31 Aug 2018 | No Comment ]

By now, you’re probably well aware of the UK’s Gender Pay Gap. A government report revealed an average GPG of 9.3%, with only 11% of women employed by a company that pays women an equal or higher salary than men. That means 89% of women work for a company that pays women, on average, less than men.

The Gender Pay Gap cannot be attributed to one specific cause, but results from a combination of several factors like the fact that men are more likely to be employed within more senior roles …

business, business planning, marketing »

[ 29 Aug 2018 | No Comment ]
Image from Shutterstock

The flexibility afforded by running your own business from home means you can control your work-life balance far better than working an ordinary office job. However, it also means you have to constantly work to maintain your existing customer base and work to reach potential new clients. Although this may sometimes seem daunting and a big challenge for one person, there are in fact a few tried and tested steps that will help you keep a strong business profile with ease. Here we take a look at just three examples …